OFF_MARKETGood Deal2 days on market

220 N Irene St

220 N Irene St, Palmer, AK 99645, Palmer, AK 99645
$395,000
Zestimate®:$394,600

Listing Price

Property image 1
220 N Irene St, Palmer, AK 99645
Loc: Palmer, AK
Days Listed
2
Tax Assessed
$308k
Zestimate®
$395k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,654/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

N/A

Swanson Elementary School

PK-2
1.2 mi away
7

Palmer Middle School

6-8
1.4 mi away
4

Palmer High School

9-12
0.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
20.2%
Cash Flow
$13/mo
DSCR
1.01
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-29Pending sale$395,000$247
2026-08-14Listed for sale$395,000$247
2022-07-21Sold$0
2022-05-29Pending sale$329,000$205
2022-05-26Listed for sale$329,000$205
2022-04-24Listing removed$0
2022-04-20Listed for sale$325,000$203
2018-10-17Sold$0
2018-08-14Pending sale$237,900$149
2018-07-31Price change$237,900$149
2018-07-28Listed for sale$249,000$155
2016-01-27Sold$0
2016-01-20Pending sale$219,900$137
2016-01-04Listed for sale$219,900$137
2014-03-19Sold$0
2014-01-28Listed for sale$199,500$125

Tax History

YearProperty TaxTax Assessment
2025$3,535.08$307,800
2024$3,379.9$287,700
2023$3,160.11$277,300
2022$3,031.18$254,700
2021$2,935.25$226,800
2020$2,848.24$213,800
2019$2,752.16$205,600
2018$2,728.86$204,700
2017$2,402.04$202,200
2016$2,402.04$212,400
2015$2,402.04$206,700
2014$2,402.04$190,300
2013$0$186,900
2012$0$186,900
2011$0$195,800
2010$0$169,300
2009$0$178,300
2008$0$188,500
2007$0$188,500
2006$0$193,200
2005$0$166,600
2004$0$148,200
2003$0$145,900
2002$0$134,800
2001$0$134,800
2000$0$132,100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,602
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $395,000Rent Basis: Observed Comp Model ($2,654/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $115/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.93%

NOI: $19,480/yr

Cash-on-Cash Yield
-5.6%

On $90,850 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+66.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.19% of basis)-$305/mo
Homeowner / Hazard Insurance-$115/mo
Vacancy Reserve (5% of rent)-$133/mo
Repairs & Maintenance (10% of rent)-$265/mo
Property Management (8% of rent)-$212/mo
Total Pure Operating Expenses-$1,031/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,654/mo
Less: Operating Expenses-$1,031/mo
Net Operating Income (NOI)+$1,623/mo
Less: Debt Service (30yr @ 6.75%)-$2,050/mo
Net Cash Flow
$-426/mo
$-5,115/year
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220 N Irene St | Palmer, AK | Haven AI Analysis | Haven by ScoutHavens